Newmalayalam Steel IPO Subscription Status

Newmalayalam Steel IPO subscription started on 19 December, 2024 and will close on 23 December, 2024. The retail quota is 45.03%, QIB is 10.02% and NII is 44.95%. Newmalayalam Steel IPO got a lot of interest, raising around ₹41.76 Crores, with subscriptions 50.69 times overall, including 1.26 times by institutional investors, 24.63 times by non-institutional investors, and 87.7 times by retail investors. Shares are priced between ₹85-90 each and will be listed on the NSE.

Check Live IPO  Subscription List  👈

Listed

Last Updated - December 23, 2024 11:55 pm

QIB - Qualified Institutional Buyers:	1.26x
NII - Non-Institutional Investors:	24.63x
SNII - Small Non-Institutional Investors:	[.]x
BNII - Big Non-Institutional Investors:	[.]x
RII - Retail Individual Investor:	87.7x
Total:	50.69x 👈

• Qualified Institutional Buyers: QIB
• Non-Institutional Investors: NII
• Small Non-Institutional Investors: SNII- Bid below ₹10L
• Big Non-Institutional Investors: BNII- Bid above ₹10L
• Retail Individual Investor: RII
• Employees Quota: EMP

IPO Activity	Date
Open Date:	19 December, 2024
Close Date:	23 December, 2024
Allotment Date:	24 December, 2024
Refund Date:	26 December, 2024
Shares Credit Date:	26 December, 2024
Listing Date:	27 December, 2024

Q.When Newmalayalam Steel IPO Subscription will start?

Ans.The IPO subscription starts on 19 December, 2024 for Investors.

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Q.What is the Newmalayalam Steel IPO Subscription last date?

Ans.Newmalayalam Steel IPO subscription last date is 23 December, 2024 for Investors.

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Q.What is the Newmalayalam Steel IPO Allotment Date?

Ans.Newmalayalam Steel IPO allotment date is 24 December, 2024.

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Q.What is the Newmalayalam Steel IPO Listing Date?

Ans.Newmalayalam Steel IPO listing date is 27 December, 2024. The IPO is to list on NSE.